Elliott wave Ripple analysis 09.02.2023

Corrective wave (2) continues. Currently, it has been completed as a double zigzag W-X-Y. The market is preparing for bullish growth within the sub-wave (3). Impulse (3) will be completed near the level of 0.498, after which expect a corrective decline in wave (4). The future price movement is shown in the chart.

Trading plan for XRPUSD today:

Buy 0.390,

Take profit: 0.498.

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